Initial Statement of Beneficial Ownership (3)
October 26 2020 - 7:38PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
CORSAIR CAPITAL MANAGEMENT, L.P. |
2. Date of Event Requiring Statement (MM/DD/YYYY)
10/14/2020
|
3. Issuer Name and Ticker or Trading Symbol
Live Oak Acquisition Corp [LOAK.U]
|
(Last)
(First)
(Middle)
366 MADISON AVENUE, 12TH FLOOR |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Street)
NEW YORK, NY 10017
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 837394 | I (4) | By: Corsair Capital Partners, L.P. |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 111847 | I (4) | By: Corsair Capital Partners 100, L.P. |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 902561 | I (4) | By: Corsair Select, L.P. |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 118956 | I (4) | By: Corsair Select 100, L.P. |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 90488 | I (4) | By: Corsair Capital Investors, Ltd. |
Class A Common Stock, par value $0.0001 per share (1)(2)(3) | 122613 | I (4) | By: Corsair Select Master Fund, Ltd. |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 46919 | $11.5 | I (4) | By: Corsair Capital Partners, L.P. |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 6302 | $11.5 | I (4) | By: Corsair Capital Partners 100, L.P. |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 45093 | $11.5 | I (4) | By: Corsair Select, L.P. |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 5944 | $11.5 | I (4) | By: Corsair Select 100, L.P. |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 5065 | $11.5 | I (4) | By: Corsair Capital Investors, Ltd. |
Warrants | (5) | (5) | Class A Common Stock, par value $0.0001 per share | 6127 | $11.5 | I (4) | By: Corsair Select Master Fund, Ltd. |
Explanation of Responses: |
(1) | This Form 3 is filed jointly by Corsair Capital Partners, L.P. ("Corsair Capital"), Corsair Capital Partners 100, L.P. ("Corsair 100"), Corsair Select L.P. ("Corsair Select"), Corsair Select 100 L.P. ("Select 100"), Corsair Capital Investors, Ltd ("Corsair Investors"), Corsair Select Master Fund, Ltd. ("Select Master"), Corsair Capital Management, L.P. ("Corsair Management"), Corsair Capital Advisors, L.L.C. ("Corsair Advisors"), Corsair Select Advisors, L.L.C. ("Corsair Select Advisors"), Corsair Capital Management GP, L.L.C. ("Corsair GP"), Jay Petschek and Steven Major (collectively, the "Reporting Persons"). |
(2) | Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Class A Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The filing of this Form 3 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own. |
(3) | A portion of the reported Class A Common Stock are included within the Issuer's units held by the Reporting Persons. Each unit consists of one share of the Issuer's Class A Common Stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of the Issuer's Class A Common Stock. |
(4) | Securities owned directly by the fund entity listed. Corsair Advisors, as the general partner of Corsair Capital and Corsair 100, Corsair Select Advisors, as the general partner of Corsair Select and Select 100, and Corsair Management, as the investment manager of Corsair Capital, Corsair 100, Corsair Select, Select 100, Corsair Investors and Select Master, may be deemed to beneficially own the securities owned directly by such fund entities, respectively. Corsair GP, as the general partner of Corsair Management, and Messrs. Petschek and Major, as the controlling persons of Corsair GP, may be deemed to beneficially own the securities owned directly by such fund entities. |
(5) | The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation. A portion of the reported warrants are included within the Issuer's units described in Footnote 3 above. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
CORSAIR CAPITAL MANAGEMENT, L.P. 366 MADISON AVENUE 12TH FLOOR NEW YORK, NY 10017 |
| X |
|
|
Signatures
|
CORSAIR CAPITAL MANAGEMENT, LP.
By: Corsair Capital Management GP, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR CAPITAL PARTNERS, L.P.
By: Corsair Capital Advisors, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR CAPITAL PARTNERS 100, L.P.
By: Corsair Capital Advisors, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR SELECT, L.P.
By: Corsair Select Advisors, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR SELECT 100, L.P.
By: Corsair Select Advisors, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR CAPITAL INVESTORS, LTD.
By: Corsair Capital Management, L.P.,
Attorney-in-Fact
By: Corsair Capital Management GP, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR SELECT MASTER FUND, LTD.
By: Corsair Capital Management, L.P.,
Attorney-in-Fact
By: Corsair Capital Management GP, L.L.C.,
General Partner
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR CAPITAL ADVISORS, L.L.C.,
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR SELECT ADVISORS, L.L.C.,
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member | | 10/26/2020 |
**Signature of Reporting Person | Date |
CORSAIR CAPITAL MANAGEMENT GP, L.L.C.
By: /s/ Jay R. Petschek
Jay R. Petschek, Managing Member
/s/ Jay R. Petschek
Jay R. Petschek
/s/ Steven Major
Steven Major | | 10/26/2020 |
**Signature of Reporting Person | Date |
Live Oak Acquisition (NYSE:LOAK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Live Oak Acquisition (NYSE:LOAK)
Historical Stock Chart
From Jul 2023 to Jul 2024